We’re All Greeks Now

Friday - July 15, 2011 at 12:58 am

By Patrick J. Buchanan Departing for New Hampshire in November 2010, Sen. Judd Gregg, the fiscal conservative President Obama wanted in his Cabinet, blurted an inconvenient truth: "This nation is on a course where if we don't do something about it, get ... fiscal policy (under control), we're Greece." The remark was regarded as hyperbole. But Gregg had a point. For though Greece, measured by Continue reading...

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Is a U.S. Default Inevitable?

Tuesday - July 5, 2011 at 12:39 am

By Patrick J. Buchanan As President Bush prepared to invade Iraq in September 2002, the head of his economic policy council, Lawrence Lindsey publicly estimated such a war could cost $100 billion to $200 billion. Lindsey had committed candor, and the stunned Bushites came down on him with both feet. "Baloney," said Donald Rumsfeld. The likely cost would be $60 billion, said Mitch Daniels Continue reading...

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Obama’s Dilemma — and Ours

Friday - June 10, 2011 at 8:54 am

By Patrick J. Buchanan Seventy-one years ago this spring, after the German army had broken through the French lines, British Prime Minister Winston Churchill flew to France to consult his embattled allies on how to stop the advance. "Where is the strategic reserve?" Churchill urgently asked the French commander in chief, Gen. Maurice Gamelin, and then he repeated himself in French: "Ou est Continue reading...

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Obama in a Dream World

Thursday - June 2, 2011 at 10:56 pm

By Patrick J. Buchanan At the G-8 summit in Deauville, France, the news was dramatic, delivered by Nicolas Sarkozy of France and Barack Obama. To sustain the Arab Spring, America, Europe and Japan will provide $40 billion in fresh foreign aid for Arab nations that take the democratic path. The $40 billion breaks down thus: $10 billion from the G-8, $10 billion from the Gulf Arabs, and $20 Continue reading...

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What Must We Defend?

Tuesday - May 31, 2011 at 10:27 am

By Patrick J. Buchanan "We need to be honest with the president, with the Congress, with the American people" about the consequences of cutting the defense budget, said Secretary of Defense Robert Gates in his valedictory policy address to the American Enterprise Institute. "(A) smaller military, no matter how superb, will be able to go fewer places and do fewer things." Gates seeks to Continue reading...

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Obama Blows up the Bridge

Friday - April 15, 2011 at 2:00 am

By Patrick J. Buchanan "Rather than building bridges, he's poisoning wells," said Rep. Paul Ryan, after listening to Barack Obama's scathing attack on his deficit reduction plan as a shredding of America's social contract with the elderly and poor. Ryan is right. Yet, with Obama's partisan savagery, virtually calling the GOP plan immoral, we have clarity. There will be no grand bipartisan Continue reading...

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The Bankrupt PIGS of Europe

Tuesday - February 9, 2010 at 1:07 am

By Patrick J. Buchanan They are called the PIGS -- Portugal, Ireland, Greece, Spain. What they have in common is that all are facing deficits and debts that could bring on national defaults and break up the European Union. What brought the PIGS to the edge of the abyss? Continue reading...

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